AFCG vs DT: Correlation
Advanced Flower Capital Inc. (AFCG) and Dynatrace, Inc. (DT) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AFCG and DT?
Over the past 3 years, AFCG and DT moved with a correlation of 0.45, which is moderate. The link has tightened recently: the 1-year correlation (0.60) runs above the 3-year figure (0.45). Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 708.7 %².
In AFCG's tracked universe of 10 assets, DT sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months DT outperformed by 33.1 percentage points (-26.5% for AFCG against +6.6% for DT).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AFCG vs DT: side by side
| AFCG (Advanced Flower Capital Inc.) | DT (Dynatrace, Inc.) | |
|---|---|---|
| 1-year return | -26.5% | +6.6% |
| 5-year return | -55.2% | -21.5% |
| Volatility (ann.) | 45.5% | 34.3% |
| Beta vs S&P 500 | 1.01 | 1.02 |
| Max drawdown (3Y) | -76.9% | -48.2% |
| Market cap | $0.1B | $15.5B |
| P/E (trailing) | 18.1 | 102.8 |
| Dividend yield | 7.25% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AFCG | DT |
|---|---|---|
| 2022 | -21.2% | -36.5% |
| 2023 | -10.5% | +42.8% |
| 2024 | +18.7% | -0.6% |
| 2025 | -61.9% | -20.3% |
| 2026 | +25.0% | +23.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AFCG and DT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AFCG and DT?
As of 2026-08-27, the correlation of weekly returns between AFCG and DT is 0.45 over 3 years, 0.60 over 1 year and 0.39 over 5 years.
Is DT a good diversifier for AFCG?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/afcg-vs-dt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/afcg-vs-dt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AFCG correlations · DT correlations
